2024 IQD to NPR Historical Review

YEARLY HIGH

0.1046 NPR

YEARLY LOW

0.1009 NPR

YEARLY AVERAGE

0.1022 NPR

2024 IQD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1046. Conversely, the yearly low was recorded on March 9, dropping to 0.1009.

This high-to-low spread represents a total annual volatility of 0.0037 NPR. From a start-to-finish perspective, comparing the January average rate of 0.1015 to the December average rate of 0.1038, the exchange rate registered a net change of 2.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1046 was up 1.88% compared to the 2023 peak of 0.1026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IQD based on timing:

Yearly Peak High 523 NPR

2023 Average 487 NPR

Yearly Trough Low 504 NPR

Transaction Impact: A difference of 18.40 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1040

0.1011

JanuMarcMayJulySeptNove

IQD to NPR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1017, compared to 0.1027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.1017

H2 Avg (Jul–Dec) 0.1027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0015 NPR (High: 0.1023 / Low: 0.1009). On the other end, July was the most stable month, with a tight range of 0.0004 NPR (High: 0.1023 / Low: 0.1019).

March Spread (Volatile) ±0.0015

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0002 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1038) against the same month in 2023 (average: 0.1017), the exchange rate shifted by +0.0021 (+2.02%).

2024 Avg (December) 0.1038

2023 Avg (December) 0.1017

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1026	0.1012	0.1015
February	0.1020	0.1012	0.1014
March	0.1023	0.1009	0.1014
April	0.1022	0.1015	0.1018
May	0.1025	0.1015	0.1019
June	0.1023	0.1012	0.1019
July	0.1023	0.1019	0.1021
August	0.1033	0.1021	0.1025
September	0.1026	0.1016	0.1023
October	0.1028	0.1023	0.1026
November	0.1034	0.1025	0.1030
December	0.1046	0.1033	0.1038